Search found 222 matches

by Mayank
15 Oct 2018, 08:51
Forum: Actuarial Discussions
Topic: Charted Actuary: The big debate
Replies: 1
Views: 350

Re: Charted Actuary: The big debate

They have been thinking it from a long time and I really like this idea!

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by Mayank
15 Oct 2018, 08:49
Forum: Actuarial Discussions
Topic: Paper presentation
Replies: 2
Views: 167

Re: Paper presentation

I've been asked to do a paper presentation regarding any topic in actuarial science. Can you suggest some interesting topics and share your presentations if you have any? Sent from my Redmi Y1 using Actuarial Info mobile app Pick up Telematics, It beats everything. Sent from my LLD-AL10 using Actua...
by Mayank
06 Oct 2018, 12:41
Forum: Employee Benefits
Topic: Mortality Assumption
Replies: 0
Views: 647

Mortality Assumption

One of the assumption that is considered but not asked from clients. Mortality (Actuarial tables used) The assumption is completely Actuarial based and in India, the one which is used is IALM (2006-2008). For other than India, you can use Permanent Assurance AMC00 /AFC00 Permanent Assurance AM92 /AF...
by Mayank
04 Oct 2018, 21:03
Forum: Daily Dose
Topic: Claims closed
Replies: 0
Views: 622

Claims closed

Non-life insurance companies classify claims closed as those claims that are unpaid for want of more documents from the insured person or where the policyholder hasn’t pursued the claim further. Insurers consider this different from claims rejected because claims are rejected after examining the cas...
by Mayank
04 Oct 2018, 15:19
Forum: Actuarial Jobs
Topic: Actuarial Internship - Mumbai
Replies: 0
Views: 1093

Actuarial Internship - Mumbai

Greetings!

There is an opening for the role of Actuarial Intern. Candidate should be a B.Tech Graduate or have good knowledge of coding or any statistical software. Candidates from Mumbai will be preferred.

Interested candidates can share their resume to mayank.goyal@luxactuaries.com
by Mayank
01 Oct 2018, 09:44
Forum: Daily Dose
Topic: What is micro insurance?
Replies: 0
Views: 867

What is micro insurance?

A micro-insurance policy is a general or life insurance policy with a sum assured of Rs 50,000 or less.

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by Mayank
29 Sep 2018, 18:05
Forum: Daily Dose
Topic: What is critical Illness cover?
Replies: 2
Views: 648

Re: What is critical Illness cover?

I have heard that, a person should have a separate critical illness cover also other than general health insurance policy Why? You can have an add-on cover of it under your health insurance policies? So why take a separate policy Rider is addon. In general health policy, you can have CI as rider so...
by Mayank
29 Sep 2018, 10:47
Forum: Daily Dose
Topic: What is critical Illness cover?
Replies: 2
Views: 648

What is critical Illness cover?

Critical Illness cover comes as a rider or as a stand alone plan. It provides the insured a lump sum, in case he/she gets diagnosed with a critical illness such as cancer, sclerosis, coma, heart attack, paralysis, kidney failure, etc.
by Mayank
29 Sep 2018, 10:14
Forum: Actuarial Discussions
Topic: Calculations of new insurance products?
Replies: 2
Views: 994

Re: Calculations of new insurance products?

How does an insurance company or actuary calculate risk of different emerging products such as Drone insurance Since data is very less or negligent, so how does the premiums got calculated? If the company is new: Most of the things work according to the past experience of the Actuaries who are pric...
by Mayank
27 Sep 2018, 22:35
Forum: Daily Dose
Topic: How much is minimum PA protection for TW motor policies?
Replies: 0
Views: 873

How much is minimum PA protection for TW motor policies?

IRDAI has directed the companies for a minimum PA protecting cover. How much is that?

Please write your answers in replies..

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